Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 456 results for "Financial Literacy"

Finalists announced in 2023 MAX Awards

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... the important role these sectors play in educating the public and creating change, including increasing the financial literacy of consumers. This year, the awards feature 115 finalists across 23 categories including Distribution Team of the Year, with ...

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... understand compared to those under 50. In terms of knowledge, the survey results align with other Australian financial literacy studies, in that people's understanding of the superannuation system varies and is strongly correlated with age, gender ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... even though a trustee's obligation is to protect their financial interests. "This underlines the challenge of financial literacy," O'Donoghue told Financial Standard. "The more financially literate you are, the less likely you are to make emotional decisions ...

Advice industry must change as population ages: Expert

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... explained, this way of engaging and advising won't work amid the ageing population. "Most people's financial literacy is poor; they don't naturally think about financial calculations. And also what matters to them is time budgeting. What ...

Claimants tend to be younger women: Research

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
... part of MetLife's recently published Value of life insurance report, which found that young women have lower financial literacy compared to men, putting them at risk of financial instability. Women (48%) tend to be more financially illiterate than men ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... lower literacy skills. A study by life insurer MetLife released in February found Australian women have lower financial literacy compared to men, putting them at risk of financial instability. Women (48%) tend to be more financially illiterate than men ...

Poor financial literacy worsens underinsurance problem

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
Australia's poor level of financial literacy is potentially making the underinsurance problem worse and puts women further behind, according to MetLife. The life insurer looked at the impact of financial literacy on Australians' financial health ...

California to mandate personal finance studies

KARREN VERGARA  |  TUESDAY, 21 FEB 2023
... Assembly Bill 984, introduced by assembly member Kevin McCarty on February 15, would force high schools to provide financial literacy classes by the 2025-26 school year. Students in years nine to 12 inclusive can expect to study one semester of a personal ...

ACCC blitzes social media influencers

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
... the personal objectives of the investor." According to Neiron, social media can play a key role in increasing financial literacy and getting people invested in investing. However, professional advice should come from verified experts, he said.

New rules on the way for BNPL sector

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
... "unsuitability test" would apply. Depending on the route taken, the government would also look to improve users' financial literacy, with greater educational content on the Moneysmart website, Money Managed website, and through Commonwealth Financial ...